Electoral Bonds Sale schedule from March to May 2019 at SBI

By | February 28, 2019
(Last Updated On: February 28, 2019)
Ministry of Finance

Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI)

Posted On: 28 FEB 2019

Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 02ndJanuary 2018. As per provisions of the Scheme, Electoral Bonds may be purchased by a person (as defined in item No. 2 (d) of Gazette Notification), who is a citizen of India or incorporated or established in India. A person being an individual can buy Electoral Bonds, either singly or jointly with other individuals. Only the Political Parties registered under Section 29A of the Representation of the People Act, 1951 (43 of 1951) and which secured not less than one per cent of the votes polled in the last General Election to the House of the People or the Legislative Assembly of the State, shall be eligible to receive the Electoral Bonds. The Electoral Bonds shall be encashed by an eligible Political Party only through a Bank account with the Authorized Bank.

State Bank of India (SBI) has been authorized to issue and encash Electoral Bonds through its 29 Authorized Branches (as per list enclosed) in the months of March, April and May 2019 as per below mentioned schedule.

i)          01.03.2019 to 15.03.2019

ii)         01.04.2019 to 20.04.2019

iii)        06.05.2019 to 15.05.2019

The Electoral Bonds shall be valid for fifteen calendar days from the date of issue and no payment shall be made to any payee Political Party if the Electoral Bond is deposited after expiry of the validity period. The Electoral Bond deposited by an eligible Political Party in its account shall be credited on the same day.

Electoral Bearer Bond Scheme – 2018

Authorized Branch of State Bank of India

Sl. No.StateName Of The Branch & AddressBranch Code No.
1.DelhiNew Delhi Main Branch,

11, Parliament Street, New Delhi – 110001

2.Haryana, Punjab and ChandigarhChandigarh Main Branch,

SCO 43-48, Banking Square,

Sector-17B, Chandigarh, State: Chandigarh,

Pin : 160017



Shimla Main Branch

Near Kali Bari Temple, The Mall, Shimla

Himachal Pradesh, District : Shimla

State: Himachal Pradesh, Pin : 171003

4.Jammu and


Badami Bagh (Srinagar) Branch

Badami Bagh Cantonment, Srinagar, Kashmir

Dist : Badgam, State: Jammu & Kashmir

Pin : 190001

5.UttarakhandDehra Dun Main Branch

4, Convent Road, Dehradun

Uttarakhand , State: Uttarakhand Pin : 248001

6.Gujarat, Dadar & Nagar Haveli

and Daman & Diu

Gandhinagar Branch, I Floor,

Zonal Office, Sector 10 B Gandhinagar

Distt: Gandhinagar, Gujarat. Pin: 382010.



Bhopal Main Branch,

T.T.Nagar,Bhopal-462003, Bhopal,

Madhya Pradesh, District : Bhopal,

State: Madhya Pradesh. Pin : 462003

8.ChhattisgarhRaipur Main Branch

P.B.N0.29/61, Jaistambh Chowk, Raipur,

District : Raipur, State : Chhatisgarh, Pin: 492001

9.RajasthanJaipur Main Branch, P.B.No.72,

Sanganeri Gate, Jaipur, Rajasthan

District :Jaipur, State: Rajasthan,  Pin : 302003

10MaharashtraMumbai Main Branch,

Mumbai Samachar Marg

Horniman Circle, Fort, Mumbai,

Maharashtra      Pin : 400001

11.Goa, LakshadweepPanaji Branch

Opp : Hotel Mandovi, Dayanand,

Dayanand Bandodkar Marg,

Panaji, Goa . District : North Goa, State : Goa,

Pin: 403001

12.Uttar PradeshLucknow Main Branch,

Tarawali Kothi, Motimahal Marg,

Hazratganj, Lucknow, Uttar Pradesh

District : Lucknow, State: Uttar Pradesh

Pin:  226001

13.OdishaBhubaneswar Main Branch

P.B.No.14, Bhubaneswar

Bhubaneswar, Orissa. District : Khurda

State: Odisha, Pin : 751001

14.West Bengal and Andaman

& Nicobar

Kolkata Main Branch,

Samriddhi Bhawan

1, Strand Road, Kolkata, West Bengal,

District :Kolkata. State: West Bengal.

Pin : 700001

15.BiharPatna Main Branch

West Gandhi Maidhan, Patna, Bihar.

Pin: 800001

16.JharkhandRanchi Branch

Court Compound, Ranchi

Jharkhand, District : Ranchi,

State: Jharkhand, Pin : 834001

17.SikkimGangtok Branch

M G Marg, Gangtok SIKKIM

Dist: East Sikkim, State : Sikkim Pin : 737101



ltanagar Branch

TI Marg,VIP Road Bank Tinali, ltanagar,

Arunachal Pradesh

District : Papumpare

State : Arunachal Pradesh Pin : 791111

19.NagalandKohima Branch

Near deputy commissioner’s office

Kohima, Nagaland, Pin: 797001

20.AssamGuwahati Branch,

Pan Bazar,

MG Road, Kamrup, Guwahati.  Pin: 781001

21.Manipurlmphal Branch

M G Avenue, lmphal west, Manipur, Pin: 795001

22.MeghalayaShillong Branch

MG road, Near General PO Shillong,

District: Khasi Hills (E), Meghalaya, Pin: 793001

23.MizoramAizawl Branch

Solomns cave

District: Aizawl. Mizoram,  Pin: 796001

24.TripuraAgartala Branch

Hari Ganga Basak Road,

Agartala, District: Tripura (W), Tripura, Pin: 799001



Visakhapatnam Branch

Rednam Gardens, Jail Road, Junction,

Opp. Pages/Vodaphone Off ,

Visakhapatnam, Visakhapatnam

District: Visakhapatnam, State : Andhra Pradesh

Pin : 530002

26.TelanganaHyderabad Main Branch

Bank Street, Koti, Hyderabad.

District : Hyderabad, State: Telangana Pin: 500095

27.Tamil Nadu and PuducherryChennai Main Branch

336/166, Thambuchetty  Street, Parrys,

Chennai. State: Tamil Nadu    Pin : 600001

28.KarnatakaBengaluru Main Branch,

Post Bag No.5310,

St. Marks Road, Bangalore, District : Bangalore Urban,

State : Karnataka, Pin : 560001

29.KeralaThiruvananthapuram Branch

P.B.No.14, M.G.Road,

Thiruvananthapuram, District : Trivandrum,

State: Kerala. Pin : 695001


Leave a Reply

Your email address will not be published. Required fields are marked *